Short-Term Whales Hit All-Time High As Bitcoin surged to $60,000, a group of “newbie whales” have amassed an astonishing amount of unrealized profit. These whales, known as “short-term holders” (STHs), have held their coins for less than 155 days and currently own at least 1,000 BTC. Unrealized Profits Soar The unrealized profit held by STH…
Simplifying Digital Asset Management VanEck, a leading asset manager, has expanded its presence in the crypto industry with the launch of SegMint, an NFT marketplace and digital asset platform. SegMint’s key feature is the “Lock & Key Model,” which aims to make it easier to manage self-custodied assets. This model allows users to securely share…
A popular crypto analyst has shared his predictions for Solana (SOL), a rival to Ethereum (ETH). Market Cap Comparison In December, Solana’s market cap reached 20% of Ethereum’s. However, it has since underperformed ETH. The analyst suggests that if Solana regains that 20% level, its price could reach around $171. Further Upside Targets The analyst…
Bitcoin has broken through the $60,000 barrier, setting its sights on a new all-time high. Final Resistance According to DonAlt, an experienced crypto trader, Bitcoin is facing its last line of resistance before reaching new heights. This resistance level is set at $60,360. DonAlt believes that the current price action suggests caution, but remains bullish…
Crypto analyst Inmortal believes that Floki (FLOKI), a memecoin inspired by Elon Musk’s dog, is poised for a significant rally. Contagion Effect Inmortal compares FLOKI’s recent price action to that of Pepe (PEPE), another Dogecoin rival that experienced a surge in value. He believes FLOKI will follow a similar trajectory. Technical Analysis Inmortal’s chart analysis…
Institutional Investors Fuel the Rise The Bitcoin price has soared past $59,000, defying expectations and continuing its rally ahead of the upcoming halving event. Institutional investors have played a significant role in this surge, taking advantage of the Bitcoin Spot ETFs approved by the SEC. Despite concerns about high fees, inflows into the Grayscale Bitcoin…
A long-lost Ethereum (ETH) wallet has come back to life, sending over $773,000 worth of ETH to Coinbase, the largest US crypto exchange. Pre-Mine Surprise The wallet, created before Ethereum’s public launch, had been dormant for over 8.5 years. When it awoke, it sent a single ETH to Coinbase, followed by a whopping 237.748 ETH….
Fidelity’s Game-Changing Move Fidelity Investments, a financial giant with over $12.6 trillion in assets, has made a bold move by recommending a 1-3% allocation to Bitcoin in traditional portfolios. This groundbreaking decision is expected to attract hundreds of billions of dollars into the cryptocurrency market. Experts Predict Bitcoin’s Future Matt Ballensweig, Head of Go Network…
Price Surge and Investor Interest Bitcoin (BTC) has been on a tear, rising 5% in the past day and rapidly approaching the $60,000 mark. This surge in price is driven by renewed investor interest in the world’s largest cryptocurrency, which is approaching its all-time high. Pre-Halving Rally The price increase coincides with a surge in…
Proposed Sentence Limit Sam Bankman-Fried’s (SBF) lawyers have requested a sentence of 63 to 78 months (5 to 6.5 years) in prison. This is significantly lower than the statutory maximum of over 100 years. Arguments for Leniency SBF’s lawyers argue that he deserves a lenient sentence due to: His charitable work and commitment to others…
